asu in the news 02-06-08 to - ASU News - Arizona State University
asu in the news 02-06-08 to - ASU News - Arizona State University
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JULIAN ANDERSON<br />
President<br />
Ryder hevett Bucknall<br />
Americas Division<br />
Watch for money from Ch<strong>in</strong>a<br />
<strong>the</strong> Middle East and India<br />
LAWLESS Oil rich nations will<br />
cont<strong>in</strong>ue <strong>to</strong> <strong>in</strong>vest profits <strong>in</strong> <strong>the</strong><br />
U b it for no o<strong>the</strong>r reason than <strong>to</strong> generate<br />
goodwill and protect <strong>the</strong>ir <strong>in</strong>terests More spe<br />
cific <strong>to</strong> <strong>Arizona</strong> Canadians could be expected<br />
<strong>to</strong> ramp up <strong>in</strong>vestment <strong>in</strong> our state given <strong>the</strong><br />
advantageous currency exchange rates<br />
VATISTAS We are see<strong>in</strong>g both <strong>in</strong>ves<strong>to</strong>rs<br />
and home buyers from Ireland Canada<br />
Mexico and England They view our market<br />
as a barga<strong>in</strong><br />
Several curve balls have been thrown <strong>in</strong><strong>to</strong> <strong>the</strong><br />
<strong>Arizona</strong> market <strong>in</strong> <strong>the</strong> past several weeks <strong>in</strong><br />
clud<strong>in</strong>g <strong>the</strong> sanctions law for bus<strong>in</strong>esses that<br />
hire illegal immigrants and <strong>in</strong>creased penalties<br />
forenvironmental pollution How much impact<br />
will <strong>the</strong>se have on real estate and construction<br />
locally<br />
TOM JOHNSTON<br />
Senior manag<strong>in</strong>g direc<strong>to</strong>r<br />
Cushman Wakefield of <strong>Arizona</strong> Inc<br />
The immigration sanctions will affect<br />
Bus<strong>in</strong>ess Journal Phoenix<br />
Circulation: 15270<br />
DMA: Phoenix, AZ<br />
<strong>the</strong> multihous<strong>in</strong>g market<br />
particularly <strong>in</strong> west and<br />
southwest Phoenix It also will<br />
affect <strong>the</strong> retail market<br />
ERIC NEBLUNB<br />
Senior vice president<br />
Sundt Construction Inc<br />
As a company Sundt has<br />
participated <strong>in</strong> <strong>the</strong> pilot program and we<br />
feel very comfortable that we will have<br />
no impact with our work force because of<br />
<strong>the</strong> employer sanctions bill The serious<br />
issue fac<strong>in</strong>g <strong>the</strong> construction <strong>in</strong>dustry is<br />
<strong>the</strong> critical shortage of a skilled legal work<br />
force Nei<strong>the</strong>r federal nor state legislation<br />
has addressed this key issue and pro<br />
actively solv<strong>in</strong>g this issue is<br />
important <strong>to</strong> <strong>the</strong> future of our<br />
<strong>in</strong>dustry<br />
DALTON The <strong>in</strong>creased<br />
penalties for pollu tion and<br />
dust control shouldn t have<br />
much of an effect Frankly<br />
if e company wasntalreadv<br />
stepp<strong>in</strong>g up and aggressively follow<strong>in</strong>g<br />
dust prevention and s<strong>to</strong>rm water pollution<br />
policies <strong>the</strong>y were be<strong>in</strong>g left beh<strong>in</strong>d<br />
ANDERSON Not s gnificantly These<br />
issues might have been curve balls but<br />
<strong>the</strong>y should not have been a surprise <strong>to</strong><br />
anvnnp<br />
© Copyright 12/28/2007 Bus<strong>in</strong>ess Journal Phoenix Cision USA, Inc.<br />
All Rights Reserved.<br />
Unlicensed Reproduction, Sale or Republication Prohibited.<br />
City: Phoenix<br />
<strong>State</strong>: AZ<br />
Account: 2565G0<br />
Date: 12/28/2007<br />
Pub Num: 12B745<br />
Section/Page: FRONTCOVR<br />
Page Count: 3 / 4<br />
RefNo: 3312a0
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